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TMAC Resources Inc. T.TMR

TMAC Resources Inc is an industrial metals and materials company. The business acquires, explores, and evaluates mineral properties. Its lone business segment is Mining; this segment is engaged in the exploration and development of precious metal resources, primarily gold. The company generates the vast majority of its revenue in Canada. TMAC Resources' primary mine is located in Hope Bay, in the Kitikmeot region of the western Nunavut Territory. TMAC mines for gold resources and inferred minera


TSX:TMR - Post by User

Comment by snowshoedbon Jun 19, 2018 9:34am
85 Views
Post# 28190719

RE:RE:TMAC - Cash Flow Turning

RE:RE:TMAC - Cash Flow TurningThanks ShermanRock1.

It should be noted that we should see the cash flow turn quickly at TMAC assuming the second Concentrator Line  avoids many of the headaches associated with the 1st Concentrator Line. Q2 cash flow will show beginning of the change and Q3 should show a dramatic step change associated with volume processed as they ramp up from 1000 tpd to 2000 tpd).

The cash flow changes associated with improving Recovery Rates
 will more gradual and will take time (over a number of quarters) as they continue to "refine" the process (pun intended).

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